It is inherently obvious AMP knows who the person is, with regard to identity. That is not the issue.
What concerns me is that someone with 2-3million is making a stink over being promised 800 per contracts for ES, and then being told later it is 6K per account.
The failure is on both sides.
A) AMP should have told him (and it is probably in the account paperwork somewhere) that their risk department can adjust your personal margins based on your trading history, amount of deposit and risk profile. Maybe the client did not read the fine print closely enough.
B) The client made a mountain out of a molehill here. Seriously. So what if they increased your margins to 6K per contract? Like, dude! The exchange minimum is 15K per contract! OK! Get over it! You got a discount anyways!
C) If I deposit 100 billion dollars with your firm, I want to be able to trade a million ES contracts per day.
There's a limit to the insanity...The line had to be drawn somewhere. Anyone with a clear mind knows it, and should know that at some point, the risk department is going to perk up and go..."Huh, wha? We're used to sleepy retail folks. We got someone now depositing HOW MUCH? (3 million. (Whoa, we need to review that, we're not used to that kind of deposit)).
Pinch of salt? Nah, more like a grasp of reality.
And P.S.
@destriero called that shit. Amazing. He said that the OP would trade some number of contracts at 800, and the rest at 6K. Afterwards, AMP came right back with that same figure which the OP is complaining about. 6K per. WTF is dest, like a robot? How did he know that amount is what AMP would call for? Is dest Dan Culp? lol!
